Downtown Homes with Paved Parking Features

Downtown Homes with Paved Parking Features

Welcome to Downtown, KY – where urban charm meets modern living! Nestled in the heart of the Bluegrass State, Downtown offers a vibrant atmosphere enriched by historical architecture, bustling streets, and a sense of community that makes it truly unique. This dynamic neighborhood is perfect for those who crave the excitement of city life, with an array of shops, restaurants, and entertainment options just a stone's throw away.

One of the standout features of homes in Downtown is the availability of paved parking. In a city known for its lively pace, having a designated parking space is a significant advantage. Residents can enjoy the convenience of easily accessible, secure parking, allowing for a stress-free experience when returning home after a long day. Whether you’re entertaining friends or simply running errands, the peace of mind that comes with paved parking is invaluable.

The homes in Downtown reflect a blend of classic and contemporary styles, with many properties boasting modern amenities that cater to today’s lifestyle. Spacious interiors, updated kitchens, and cozy outdoor spaces create the perfect backdrop for making lasting memories. Additionally, the community spirit in Downtown is palpable, with local events and gatherings that foster connections among neighbors.

If you’re seeking a place that combines the excitement of urban living with the comfort of a welcoming community, Downtown, KY, is the perfect choice. Explore the possibilities of calling this vibrant neighborhood home, and discover the charm that awaits you in every corner!

Newest Downtown Homes with Paved Parking Features

$99,900
26023658 MLS
65 Highland Ave offers a solid brick church structure ready for revival. Previously used as a Nazarene facility, the property features a large open sanctuary, ideal for gatherings, events, or reconfiguration depending on your vision. The building includes a full basement, partially finished, providing additional usable square footage for classrooms, offices, storage, or future expansion. Its classic masonry construction gives it a strong presence, while also offering a clean slate for updates and improvements. Located within Lancaster city limits and zoned commercial, this property allows for flexibility across multiple uses including continued religious use, community programs, office conversion, or redevelopment into something entirely new. Public utilities are available (buyer to verify). Positioned just off US-27, 65 Highland Ave is a straightforward opportunity for an investor, organization, or end user looking for space, structure, and long-term potential in a central location.

65 Highland Ave, Lancaster
$549,900
4 Beds ⋅ 2 Baths ⋅ 26023594 MLS
Rare opportunity to purchase a triplex in downtown Berea with 1.21 acres of land! On the main level you will find 1500 sq ft for a business front with a roughed in half bath, two 10'x10' garage doors and HVAC. On the second story there are two 2 bedroom 1 full bath apartments that are currently rented. Lots of opportunities with this one! There are 2 tracts of land that are in this transaction. PVA#B006-0007-0026 is zoned commercial B-2 with this triplex on it with .60 acres and PVA#B006-0007-0027 is zoned residential and contains .61 acres

113 Lester St, Berea
$549,900
26023570 MLS
Rare opportunity to purchase a triplex in downtown Berea with 1.21 acres of land! On the main level you will find 1500 sq ft for a business front with a roughed in half bath, two 10'x10' garage doors and HVAC. On the second story there are two 2 bedroom 1 full bath apartments that are currently rented. Lots of opportunities with this one! There are 2 tracts of land that are in this transaction. PVA#B006-0007-0026 is zoned commercial B-2 with this triplex on it with .60 acres and PVA#B006-0007-0027 is zoned residential and contains .61 acres

113 Lester St, Berea
$514,900
26022757 MLS
Historic Charm meets endless possibilities! Step into a truly unique piece of Danville history with this stunning late-1800's home located in the heart of historic downtown Danville. Rich with character and timeless charm , this distinctive property has enjoyed a fascinating past, serving over the years as professional office space, two different restaurant establishments, and currently serves as a charming gift shop and home interiors business. The possibilities for its next chapter are just as exciting! The flexible layout offers opportunity to continue a commercial venture on the first floor while creating very comfortable living quarters on the second floor with a few tweaks. Ideally setup for a designer, entrepreneur, professional office space, restaurant, or anyone dreaming of combining home and business under one historic roof! With its downtown location, character-filled architecture, and remarkable history of adapting to different uses, this property is way more than a commercial space--it's an opportunity to become part of Danville's story while creating something that is uniquely your own. Live upstairs. Work downstairs. Own a piece of Danville history. The possibilities are endless!

219 S 4th St, Danville
$350,000
26022246 MLS
Investor Opportunity: Downtown Mixed-Use with Active STR Cash Flow + Clear Upside Exceptional value at $350,000 for this high-visibility mixed-use property at 110 W Kentucky Ave in the heart of Pineville's town square on HWY 25E. Approximately 5,943-6,250 SF total. The upper level operates as the established Boone Trace Inn short-term rental with 7 private bedrooms (coded entry), gathering room, fully equipped kitchen, dining area, and 2.5 baths—delivering current income while positioned to attract regional visitors and tourists. The lower level (~3,125 SF) offers flexible commercial space, partially configured as a vendor's mall and ideal for restaurant, retail, professional/medical office, pub, or multi-tenant uses. Prime downtown exposure and traffic create strong potential to grow both the STR performance and commercial income streams. Attractive basis well under $60/SF for an income-producing mixed-use asset with multiple paths to increased returns. Ideal for the investor seeking immediate cash flow plus value-add opportunity in a high-visibility location. Downtown town-square / HWY 25E location provides excellent visibility. Current STR baseline already exceeds typical Pineville market averages; the gap between current passive results and optimized performance is the primary value-add story. Strong candidate for investors focused on operational upside rather than pure turnkey yield.

110 W Kentucky Ave, Pineville
$459,000
26021827 MLS
*9 Reilly Road — Prime Commercial Opportunity Steps from Buffalo Trace* Buffalo Trace brings hundreds of thousands of people to their campus year in and year out. 9 Reilly Road is 500 feet from Buffalo Trace. You just need a fraction of those people to buy from your bourbon-themed gift shop, to stay in your AirBNB or grab a bite before or after a tour to be successful. Tons of parking and over 6,000 sq ft under roof gives you room to grow into, including 2,600 sq ft of covered parking or receiving area — leave it open for trucks and deliveries, turn it into a patio, or enclose it for even more finished square footage. Inside, several small rooms alongside one large open room, a garage bay, two restrooms, and a kitchenette mean the building flexes to whatever you're thinking. Multiple HVAC systems and drop ceilings make opening the space up or partitioning it further simple, without breaking the budget. Zoned CG, the possibilities here run wide: contractor home base, office, retail, restaurant, auto-related business, event venue, short-term rental, or a creative mixed-use concept — bring your vision and build new on the remaining lot, retrofit what's here, or both. Right down the road from one of Kentucky's most-visited attractions and a building ready to flex, this property pays for itself.

9 Reilly Rd, Frankfort
$249,900
4 Beds ⋅ 2 Baths ⋅ 26021218 MLS
This offering includes both sides of the duplex at 414 and 414½ Morrison Avenue. Each unit features two bedrooms and one full bathroom. Both units are currently rented for $625 per month, providing a combined gross monthly income of $1,250. Estimated market rents in the property's current condition are approximately $1,100 to $1,300 per unit, offering significant income-growth potential. The 414 Morrison Avenue unit was updated in 2014, while the 414½ unit has not been updated and offers an opportunity for future improvements and additional value. Neither side has a lease; both tenants currently occupy on a month-to-month basis. This is a solid opportunity for an investor seeking immediate rental income with substantial upside potential near downtown Lexington.

414 Morrison Ave, Lexington
$294,900
3 Beds ⋅ 2 Baths ⋅ 26020647 MLS
Four units under one roof and a single lot to maintain, 410 Earl Street offers a straightforward addition to a rental portfolio in Danville. The building holds three one-bedroom, one-bath units and one efficiency, arranged two up and two down, each with its own layout. The upper units are reached by exterior stairs and open onto a shared front deck running the full width of the building. Outside, board and batten siding carries the upper level while painted block wraps the lower, all under a dimensional shingle roof. A concrete drive provides off-street parking out front, and the lot stays open on both sides. Located minutes from downtown Danville, four doors on one in-town lot is worth a closer look.

410 Earl St, Danville
$225,000
26020314 MLS
<br>174 Back Street offers a clean, updated commercial building in downtown Frenchburg, close to the Menifee County Courthouse, Sheriff's Office, and several established local businesses.<br><br>The approximately 1,173-square-foot interior has a flexible layout with two separate entrances, large rooms, plenty of storage, and a half bath. The front lobby includes a granite counter, giving customers or clients a defined reception area as soon as they walk in. An elevated section inside could be used as a display platform, additional seating, a private work area, or part of a showroom setup.<br><br>The layout could easily serve one business or be divided for two separate operations. It may work well for professional offices, retail, personal services, a salon, studio, meeting space, or a small business looking for room to grow.<br><br>The building has reinforced block walls, concrete flooring, a tankless water heater, 200+ amp electrical service, and an owned security system. Outside, the sealed and paved lot provides eight or more parking spaces, making access convenient for customers, employees, or future tenants. Public water and sewer are already connected.<br><br>Frenchburg continues to see more activity from visitors heading to Cave Run Lake, Red River Gorge, and the surrounding outdoor recreation areas. That added traffic creates opportunity for businesses that serve both local residents and travelers.<br><br>Use it for your own business, split the space between two uses, or purchase it as a commercial rental. This is a practical downtown property with solid construction, good parking, and several ways to make the space work.

174 Back St, Frenchburg
$899,900
26020101 MLS
Prime Mixed-Use Investment Opportunity on Kentucky's Bourbon Trail. 113, 115 & 117 South Main Street, Lawrenceburg, Kentucky. Don't miss this exceptional downtown investment opportunity in the heart of historic Lawrenceburg, Kentucky. This fully renovated mixed-use property is ideally located on the world-famous Kentucky Bourbon Trail, attracting visitors year-round. The property features three beautifully renovated and professionally decorated studio short-term rental units occupying the entire second floor of 117 South Main Street. At 115 South Main Street is The Lineage Kitchen & Bar, a newly renovated restaurant known for its exceptional food, craft cocktails, and vibrant dining experience. At 113 South Main Street is the Lawrenceburg Tourism Office, providing a stable commercial presence in a highly visible downtown location. Situated in the center of downtown Lawrenceburg, this property is just minutes from several renowned bourbon distilleries, including Wild Turkey Distillery, Four Roses Distillery, Whiskey Thief Distilling Co., and Larrikin Bourbon Company. Its prime location on the Bourbon Trail creates strong demand for short-term lodging while benefiting from consistent pedestrian traffic and year-round tourism. This rare opportunity offers a fully renovated, income-producing mixed-use property with multiple revenue streams generated by three turnkey short-term rental units, an established restaurant space, and a commercial office tenancy. Whether you're looking to expand your investment portfolio or acquire a premier downtown asset in one of Kentucky's fastest-growing tourism markets, this property offers exceptional income potential and long-term appreciation. A true turnkey investment in the heart of Bourbon Country. Owner is a licensed real estate agent in the state of KY.

113, 115, 117 Main, Lawrenceburg
$1,450,000
26019698 MLS
A rare opportunity to own one of Cynthiana's most recognizable and beloved businesses, Biancke's Restaurant has been serving the community since 1894, making it a true landmark with more than a century of history, tradition, and loyal customers. When you purchase Biancke's, you're not simply acquiring the real estate at 102 South Main Street in Cynthiana —you are investing in a well-established brand, an outstanding reputation, and a thriving business with a customer base that has already been built over generations. Strategically located in the heart of historic downtown Cynthiana, the property consists of three adjoining buildings seamlessly connected into an inviting main dining area with seating for approximately 175 guests. The 2019 addition of The Station at Biancke's expanded the restaurant with an additional 50 indoor seats and 50 outdoor patio seats, creating even more opportunities for dining, entertainment, and special events. Above the main restaurant is a spacious private banquet hall with seating for approximately 60 guests, currently not in use and offering tremendous potential for private parties, corporate events, rehearsal dinners, receptions, or additional business expansion. Known as the community's gathering place, Biancke's welcomes guests from breakfast through dinner while hosting countless family celebrations, bridal and baby showers, rehearsal dinners, business meetings, and memorable evenings with friends. Its longstanding presence has made it an integral part of the fabric of the community. Adding to the property's value, two beautifully renovated apartments on the second and third floors were completely remodeled in 2020 with exceptional attention to detail. Currently operating as a long-term rental and a successful Airbnb, these units provide valuable supplemental income while enhancing the property's investment appeal. This is a true turnkey operation, offering the rare chance to own an iconic Kentucky restaurant with multiple income streams, significant seating capacity, and an unmatched legacy. Continue a tradition that has thrived for more than 130 years while writing the next chapter in the story of one of downtown Cynthiana's most treasured destinations.

102 S Main St, Cynthiana
$224,900
26019440 MLS
Come take a look at this historic, downtown 2 story building in Lancaster Public Square., where the past and present come together. Formerly the home of Napier Bros Clothing, this 2-story building is full of potential and suitable for many different uses. Nearly 2500 sq feet of open space on the first floor, 2 restrooms, dressing room, small office, central heat and air with the charm and craftsmanship of a century ago. Would be ideal to convert into professional offices, retail, entertainment, gym/ fitness, or any number of options. The 2nd floor is unfinished and great storage space. This iconic piece of Lancaster has ample public parking out front and is ready for a new owner for the first time in 40 years.

35 Public Sq, Lancaster
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